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Fill in the missing amounts. Wildhorse Company Sandhill Company Sales revenue $95,400 $ Sales returns and allowances Net sales Cost of goods sold $ 4,000

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Fill in the missing amounts. Wildhorse Company Sandhill Company Sales revenue $95,400 $ Sales returns and allowances Net sales Cost of goods sold $ 4,000 150,000 81,600 55,800 Gross profit 49,000 $ Operating expenses 14,680 Net income $ 18,000 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.) Wildhorse Company Sandhill Company % Profit margin Gross profit rate

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